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NY A09528

Bill

Status

Introduced

3/20/2024

Primary Sponsor

Simcha Eichenstein

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Authorizes the New York City Department of Finance to accept a late real property tax exemption application from Congregation Kollel Tiferes Zvi for tax years 2009-2010 through 2019-2020.

  • Permits the application to be reviewed as if filed by the taxable status date for property located at 4607 14th Avenue, Brooklyn (block 05624, lot 0007).

  • Allows the Commissioner of Finance, with City Council approval, to grant exemption from all taxation beginning with the property acquisition date if the organization would have otherwise qualified.

  • Enables the Department of Finance to refund previously paid taxes and cancel any remaining unpaid taxes, fines, penalties, liens, or interest at its discretion.

  • Takes effect immediately upon enactment.

Legislative Description

Permits Congregation Kollel Tiferes Zvi to file an application for a real property tax exemption with respect to the tax years 2009-2010, 2010-2011, 2011-2012, 2012-2013, 2013-2014, 2014-2015, 2015-2016, 2016-2017, 2017-2018, 2018-2019 and 2019-2020.

Last Action

referred to real property taxation

3/20/2024

Committee Referrals

Real Property Taxation3/20/2024

Full Bill Text

No bill text available